Is Sandalfoot Cove, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sandalfoot Cove is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Sandalfoot Cove was a Seller's Market.

Key Takeaway

Sandalfoot Cove is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Sandalfoot Cove, FL

How much do homes in Sandalfoot Cove, FL cost?

Median Sold Price

$374,250

$283/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$34,750(+10.2%)

Key Takeaway

Homes in Sandalfoot Cove have sold for 10.2% more than they did a year ago.

Summary: The median home sold price in Sandalfoot Cove was $374,250 in November 2024, up 10.2% from last year, and the median price per square foot was $283.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $184K$172.5K
-6.3%
2 $259K$256K
-1.2%
3 $460K$510K
+10.9%
4 $715K$596K
-16.6%
5+ $925K$875K
-5.4%

Summary: Sandalfoot Cove housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 10.9%, 4 bedroom homes decreased by 16.6%, and 5+ bedroom homes decreased by 5.4%.

Median Sold Price Compared To Nearby Neighborhoods

Sandalfoot Cove
+10.2%
Boca Pointe
+5.6%
Boca Lago Country Club
-1.0%

Housing Supply in Sandalfoot Cove, FL

How many homes are available in Sandalfoot Cove, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
113121+7.1%

Summary: The Sandalfoot Cove real estate market had 121 homes for sale in November 2024, a 7.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 811
+37.5%
2 6571
+9.2%
3 3537
+5.7%
4 52
-60.0%
5+ 00
0.0%

Summary: The Sandalfoot Cove housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 37.5%, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2012-40.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sandalfoot Cove, you may be able to get a good deal. 91.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Sandalfoot Cove in November 2024, down by 40.0% month-over-month. Of the 12 sold homes, 92% were sold under asking, 8% were sold at asking, and 0% were sold over asking.

Days on Market for Sandalfoot Cove, FL

How long does it take to sell a home in Sandalfoot Cove, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
32 Days84 Days+159.9%

Summary: Homes in Sandalfoot Cove had an average of 84 days on market in Nov 2024, up by 159.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Sandalfoot Cove are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 12 homes were sold in Sandalfoot Cove; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

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